Menu
HOME
INTEGRATED
ANNUAL REPORT
2019
back to kulim website
  2019 2018* 2017 2016 2015
STATEMENT OF COMPREHENSIVE INCOME HIGHLIGHTS
(RM’000)		          
Revenue 1,208,836 1,388,352 1,525,367 1,612,738 1,443,024
Segment % :          
Plantation 69 61 67 56 54
Intrapreneur Venture 3 3 4 3 4
Others 28 36 29 41 42
           
Profits from Operations 267 154,882 118,190 85,722 113,576
Segment % :          
Plantation 21,570 53 204 136 64
Intrapreneur Venture 75 1 (2) 1 2
Others (21,545) 46 (102) (37) 34
           
Interest Income 20,157 7,728 3,871 33,930 36,909
Finance Costs (100,511) (92,133) (88,197) (59,477) (33,003)
Share of results of associates (47,760) (12,664) 552 (258) 317
Profit before taxation (127,847) 71,041 34,416 59,917 117,799
Taxation 17,873 (38,172) (47,197) (46,391) (30,193)
Profit after taxation          
- Continuing operations (109,974) 19,641 (12,781) 13,526 87,606
- Discontinued operations - - (79,072) (340) 1,316,326
Net profit for the year (109,974) 19,641 (91,853) 13,186 1,403,932
           
Attributable to :          
Owners of the Company (98,201) (25,965) 8,619 3,855 1,410,516
Non-controling interests (11,773) 58,834 (100,472) 9,331 (6,584)
Net profit for the year (109,974) 32,869 (91,853) 13,186 1,403,932

  2019 2018* 2017 2016 2015
STATEMENT OF FINANCIAL POSITION HIGHLIGHTS
(RM’000)		          
ASSETS EMPLOYED          
Other non-current assets 5,984,043 5,693,209 5,694,503 5,732,814 5,348,716
Intangible assets 7,498 27,415 26,905 32,774 69,819
Total Non-Current Assets 5,991,541 5,720,624 5,721,408 5,765,588 5,418,535
Other current assets 535,085 472,350 751,974 794,867 603,815
Cash and bank balance 169,932 252,454 325,470 530,783 1,584,805
Assets of disposal group classified as held for sale - - - - 13,291
Total Current Assets 705,017 724,804 1,077,444 1,325,650 2,201,911
Other current lialibilities 478,536 394,286 566,931 450,495 296,560
Loans and borrowings 331,547 800,022 506,895 1,182,151 396,772
Lialibilities of disposal group classified as held for sale - - - - -
Total Current Lialibilities 810,083 1,194,308 1,073,826 1,632,646 693,332
  5,886,475 5,251,120 5,725,026 5,458,592 6,927,114
           
FINANCED BY :           
Share capital 1,000 1,000 1,000 1,000 337,605
Reserves (26,395) (49,662) 51,394 28,116 1,266,529
Reserves of disposal group classified as held for sale - - - - -
Retained profits 3,384,699  3,683,333 3,896,856 3,938,237 4,218,890
Shareholders' equity 3,359,304  3,634,671 3,949,250 3,967,353 3,823,024
Non controlling interests 99,826 108,594 115,860 222,462 209,423
Long-term borrowings 2,050,339 1,081,371 1,253,253 858,745 512,507
Other long-term borrowings 377,006 426,484 406,663 410,032 382,160
  5,886,475 5,251,120 5,725,026 5,458,592 6,927,114
Average capital employed 5,568,798  5,488,073 5,591,809 6,192,853 6,588,389
Average shareholders' equity 3,496,988  3,791,961 3,958,302 4,895,189 4,922,765

  2019 2018* 2017 2016 2015
STATEMENT OF CASH FLOWS HIGHLIGHTS
(RM’000)		          
Net cash flow from operating activities 304,380  227,679 399,230 195,851 14,512
Net cash flow from investing activities (580,778) (159,891) (19,146) (418,997) 2,224,535
Net cash flow from financing activities 182,874  (140,596) (388,311) (982,375) (1,173,053)
Net change in cash and cash equivalents (93,524) (72,808) (18,227) (1,205,521) 1,065,994
           
KEY FINANCIAL INDICATORS          
Profitability and Returns          
Operating profit margin (%) 0.02 11.16 7.75 5.32 7.87
PBT margin (%) (10.58) 5.12 2.26 3.72 8.16
PATMI margin (%) (8.12) (1.87) 0.57 0.24 97.75
Return on average shareholders' equity (%) (2.81) (0.68) 0.22 0.08 28.65
Return on average capital employed (%) (1.76) (0.47) 0.15 0.06 21.41
Nett assets per share (RM) 839.83 919.40 987.31 991.84 4.74
Solvency and Liquidity          
Gearing ratio (times)   0.50 0.43 0.49 0.15
- Gross 0.69 0.43 0.36 0.36 (0.11)
- Net 0.64 1.77 1.39 2.01 4.57
Interest cover (times) (0.27) 0.82 1.00 0.81 3.18
Current ratio (times) 0.87        
Financial Market          
EPS (sen)          
-basic (2,455.03) (649.13) 215.48 96.38 109.80
-diluted - - - - 108.03
Gross dividend per share (sen) 50.00 37.50 12.50 - 37.65
Gross dividend rate (%) 208 156 52 - 151
Gross dividend yield (%) - - - - 11.09
Net dividend payout rate (%) - - -  - 35.46
Average price-to-earnings ratio (times) - -  -  - 3.09
Average price-to-book ratio (times) - -  -  - 0.72

© 2019 Kulim (Malaysia) Berhad